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Posts by "daveo"

8683 Posts Total by "daveo":
8171 Posts by member
DaveO
(N.Cornwall, United Kingdom)
512 Posts by Anonymous "daveo":
DaveO
UK
Posted Anonymously
14 years ago
Nov 16, 2010 18:18
chart astrology tells me that W.5 was = to W.1 at 1334. However the pattern on 60min T/F does not yet look complete. Needs a minor correction up followed by another move down to complete this leg.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 16, 2010 18:03
In Thread: CHF
I believe Ashraf's original targets were at 1.0050 and then 1.0200. He then revised them down as the trade started to go against so I guess he will be back on track once the 0.9970 pivot high is properly taken out. Funnily enough and this is quite uncanny, the 100% symmetry of the move up from the 9462 low falls at 1.0052 and the 127.2% ext falls at 1.0190. Now I begin to think our leader must have some devine powers :-)
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 16, 2010 17:38
In Thread: CHF
Good call Ashraf, "Oh me of little faith" :-)
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 16, 2010 17:15
In Thread: GBP
Cloe, I didnt take the usdcad trade but I caught the gold and the CL and great call from Ashraf on the eurgbp. I took profits on that one at my 127.2% sym ext @ 0.8448. On alert for possible re-entry :-)
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 16, 2010 17:08
In Thread: GBP
Yes, I like the 7th Sept projection in the cluster area.
DaveO
UK
Posted Anonymously
14 years ago
Nov 16, 2010 16:39
In Thread: GBP
GBPUSD daily potential sym support at 1.5835 or ext to 1.5742. The former just a titch below the 55MA just now kissed.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 16, 2010 16:31
You did :-) and the correlations in CL, gold,cad and stocks worked a treat after a little contra temps at the top :-)
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 15, 2010 16:56
Nice call on eurcad Ashraf. I have a load of daily support from 1.3535 to 1.3620 for possible reactions.

GBPAUD reacted from the 100% symmetry high at 1.6405, pattern from 25th Oct low.



DaveO
UK
Posted Anonymously
14 years ago
Nov 15, 2010 12:18
Ashraf, re your eurcad weekly hotchart my 55 WMA is higher than your's at 1.42 as of today, 17 year data on my chart.

The 38.2% level was also clustered with an important 100% symmetry target (1.4305) on the 3 wave potential corrective move up from 1.2450 low.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Nov 12, 2010 23:28
In Thread: EUR
If we are looking to hold above 1.37 ish I have significant shorter term targets at 1.3868 or 1.3924